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India records 54% jump in engineering goods exports in 9M 2021-22

Thanks to the Zero duty Export Promotion Capital Goods (EPCG) scheme, exports of India’s engineering goods jumped to $ 81.8 billion during April-December 2021 (Provisional) as compared to $ 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%, said the Union Ministry of Commerce & Industry in a press release. Engineering goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period.Read more

Global aerospace parts market to grow at CAGR of 3.7%: Report

The global aerospace parts market - estimated at $ 900.75 billion in 2021, is expected to grow at a CAGR of 3.7% during 2021-2030 forecast period, according to Quince Market InsightsRead more

Fiber laser consumables market is a big opportunity

Founded in 1992, Magal Engineering Co India Pvt Ltd has become a world-class company for superior sheet metal forming machines and hi-end solutions through a wide range of CNC driven engineering machines across the manufacturing spectrum – from sheet metal working, to metal forming, to metal finishing machinery. Read more

Godrej Tooling expects 30% YOY increase in revenues

E-mobility is gaining traction in India due to its eco-friendly feature, tax rebates and low cost of maintenance. Growing electric vehicles industry is expected to increase demand more complex, higher value-added tools.Read more

Nuberg EPC bags IOCL's bio-ethanol plant project in Panipat

The 10 TPD bio-ethanol project is based on technology developed by IOCL's R&D team and thus, is a completely made in India undertaking for bio-ethanol.Read more

Electrifying road transportation in India to achieve net zero emission goals

With the complete Indian manufacturing ecosystem now working collaboratively, the country is all set to become a global vanguard for the electric future, says Ravichandran Purushothaman.Read more

Ami Polymer launches fluorescent RC silicone nitro glow fuel line tubing

The specialised properties of fluorescent Fluorosilicone provides many of the benefits resistances to non-polar solvents, fuels, oils, acids, and alkaline chemicals, making it more suitable for the turbocharger hose inner linearRead more

What lies ahead post pandemic

The pandemic has shifted focus from global to local. In this situation, manufacturers are trying to bring supply chains closer to home and are creating opportunities. Manufacturers are leveraging automation and digital technologies to foster growth, says Frans Van Niekerk.Read more

Automation has power to solve challenges posed by pandemic

Rohit Dashrathi, Founder and Director Rucha Yantra LLP, which provides robotics solutions for material handling challenges, in this interview.Read more

Rise in digitalisation driving electronics hardware demand

Germany-based Festo supplies pneumatic and electrical automation technology to all types of manufacturing industries across the globe. In this interview, Rashmikant Joshi, Managing Director, Festo India, elaborates more on the company's offerings and emerging trends in the market.Read more

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